Omni-Chem 136

02/24/2021

"Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers."

Industry watchers said desperate companies wait weeks for containers and pay premium rates to get them, causing shipping costs to skyrocket.

02/11/2021

Congratulations to our member, Hubbard-Hall, on being awarded the Woman Owned Small Business Certification!

Hubbard-Hall is proud to announce its certification as a Woman Owned Small Business by the Women’s Business Enterprise National Council

01/13/2021

Take a look at this video for more information on the current container shortage and it’s effects on ocean freight:

It's serious container shortage now. In this video, I explained about the "Effect" of this container shortage problem.The Reason why Container Shortage in 20...

12/18/2020

"Industry observers expect the container tightness to persist until coronavirus vaccines are rolled out widely and more global travel resumes."

Read more at:
https://economictimes.indiatimes.com/news/international/business/boxed-out-india-not-alone-chinas-exports-also-pinched-by-global-shortage-of-shipping-containers/articleshow/79673173.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
https://economictimes.indiatimes.com/news/international/business/boxed-out-india-not-alone-chinas-exports-also-pinched-by-global-shortage-of-shipping-containers/articleshow/79673173.cms

Due to China's lopsided trade balance - exporting three containers for every one imported recently - and delays in containers returning to China due to the pandemic overseas, a severe shortage is now starting to pinch export flows.

12/11/2020

We at Omni-Chem are saddened by the loss of one of our own, Mike Hutto. Mike was an invaluable team member and an institution in the chemical business but most of all he was a dear friend. Mike spent almost 50 years in the industry. He was well respected and appreciated by many people. Mike was a favorite among Omni-Chem members who appreciated all the hard work and the great service he provided. Take a look at these pictures of Mike as we remember him and the legacy he left behind at Omni-Chem.

12/03/2020

Check out this podcast from BDP International regarding current trends in the ocean freight market:

In the latest episode of Talking Trade, Gene Welsh - Director of Ocean Freight, North America, joins the show to provide an in-depth analysis into some of the biggest issues challenging the ocean freight market. From rate volatility to blank sailings and on-time delivery issues, tune in for the full...